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Waning Diesel Demand: A Red Flag For The US Economy?

Waning Diesel Demand: A Red Flag For The US Economy?

Waning diesel consumption is a…

Why Exxon’s Stock Could Hit $100 In 2020

Why Exxon’s Stock Could Hit $100 In 2020

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Is This The Only Way To Make Nuclear Energy Work?

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News

Tesla Confident In Sales Despite End Of U.S. Tax Credits

Tesla Confident In Sales Despite End Of U.S. Tax Credits

Dec 13, 2019 at 14:38 | Tsvetana Paraskova

Tesla has slightly raised the prices of its cheapest Model 3 versions, weeks before the U.S. tax credits for Tesla’s electric vehicles (EVs) expire on December 31—a move suggesting…

Equinor Drops Oil Terminal Plan For Johan Castberg Arctic Field

Equinor Drops Oil Terminal Plan For Johan Castberg Arctic Field

Dec 13, 2019 at 12:58 | Tsvetana Paraskova

Equinor has decided not to build a ship-to-ship reloading terminal onshore northern Norway to handle the crude oil that would come from the Arctic field development Johan Castberg, because costs…

B.C. Drivers Cross Border To Fill Up Tanks More Cheaply

B.C. Drivers Cross Border To Fill Up Tanks More Cheaply

Dec 13, 2019 at 10:15 | Irina Slav

Almost a fifth of drivers in British Columbia have resorted to crossing the border into the United States just to fill up with cheaper gasoline, a poll by Research…

The EU Agrees To Cut Emissions To Net Zero By 2050

The EU Agrees To Cut Emissions To Net Zero By 2050

Dec 13, 2019 at 09:34 | Irina Slav

The European Union agreed to cut its total emissions to net-zero by 2050 after ten hours of debates as Eastern European states demanded financial help to hit the target. Reuters…

Oil Firms Set To Raise Investments Offshore Norway

Oil Firms Set To Raise Investments Offshore Norway

Dec 12, 2019 at 14:00 | Tsvetana Paraskova

Oil and gas companies operating offshore Norway are expected to increase their investments in 2020 by 3.8 percent to US$21.4 billion (194.6 billion Norwegian crowns), mostly due to higher cost…

Chevron Approves $5.7B Deepwater Gulf Of Mexico Oil Project

Chevron Approves $5.7B Deepwater Gulf Of Mexico Oil Project

Dec 12, 2019 at 12:15 | Tsvetana Paraskova

Chevron said on Thursday it had approved the development of a deepwater high-pressure oil project in the Gulf of Mexico, which will require US$5.7 billion investment for the initial…

Despite Crisis, PDVSA Offers Yoga Lessons To Employees

Despite Crisis, PDVSA Offers Yoga Lessons To Employees

Dec 12, 2019 at 10:50 | Irina Slav

Venezuela’s oil company PDVSA appears to be in shambles for most observers but besides managing to boost its oil production last month, the state firm is still offering yoga, guitar,…

Baker Hughes Eyes 100% Renewable Energy For Texas Operations

Baker Hughes Eyes 100% Renewable Energy For Texas Operations

Dec 12, 2019 at 09:57 | Irina Slav

Baker Hughes has vowed to generate 100 percent of the energy it uses in Texas from solar and wind power capacity, Bloomberg reports, citing a statement by the company.…

Newcomer Wins Big In Alaska’s Most Successful Oil Auction In A Decade

Newcomer Wins Big In Alaska’s Most Successful Oil Auction In A Decade

Dec 12, 2019 at 09:49 | Irina Slav

North Slope Exploration LLC, a newcomer in the U.S. oil industry, has become the leading bidder in what officials say was the most successful Alaska lease sale in 13 years.…

Tesla’s Cybertruck Dead Last In Truck Survey

Tesla’s Cybertruck Dead Last In Truck Survey

Dec 11, 2019 at 14:18 | Julianne Geiger

Ford and GM can rest easy: Tesla’s cybertruck may have a niche after all, but it won’t cut into Ford and GMs truck market, according to a new survey from…


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